21423 Overseas Hwy - Freestanding FOR SALE


Cudjoe Key, FL 33042
$1,599,999 USD
305-394-9020
21423 Overseas Hwy, Cudjoe Key, FL for Sale
$1,599,999 USD
Freestanding - FOR SALE
1/25
null | Request Cap Rate

21423 Overseas Hwy
Cudjoe Key, FL 33042


OVERVIEW

Very large commercial lot zoned SC and NEC at the corner of US Hwy 1 & Blimp Road in Cudjoe Key, with a 1250 SF building suitable for any commercial use. The property delivers 200 feet of US 1 highway frontage and 700 feet on Blimp Road direct access as well. Lot totals over three acres and just under one acre of usable uplands, but expansion is possible with the existing building. SC zoning allows for 18 affordable units per acre, verify with County for specifics. A perfect property for a 1031 exchange or working professionals for storage, workspace and extra income potential with endless opportunities. The property currently generates $108,000 in income, owner would consider holding mortgage for a qualified buyer. Please do not disturb Tenant.

FOR SALE DETAILS

PRICE

$1,599,999 USD

PRICE/SF

$1,280 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.1 AC

LAND SF

135,036 SF

ZONING

SC

APN/PARCEL ID

00175330-000000

ASK ABOUT THIS PROPERTY

Will LangleyBerkshire Hathaway Knight & Gardner RealtyMore Info
305-394-9020

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Will LangleyBerkshire Hathaway Knight & Gardner RealtyMore Info
305-394-9020

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.